High-quality financial forecasts are increasingly important for managing in an unpredictable world, especially for those businesses seeking to break out of the stifling straightjacket of traditional planning systems based on the annual budget.
Most businesses are, however, unhappy with their forecasting process. Common complaints are the unreliability of forecasts and the effort required to produce them. Also, most businesses do not understand how to measure, and improve, the quality of their forecasts. Short of major investments in software, there is little practical help available for finance professionals.
The Forecasters’ Toolkit is an integrated approach to forecast improvement, comprising a structured methodology supported by a set of Excel-based diagnostic tools which help professionals apply statistical concepts in a simple way.
Bijan Tabatabai developed the Forecasters’ Toolkit over the past two years in response to the need for a scientifically robust but practical approach to improving forecasting processes. Now he gives you the opportunity to learn how it can improve the accuracy of your forecasts, as well as the efficiency of your business.
This course is recommended in Edinburgh by CA Business Courses, the professional development division of The Institute of Chartered Accountants of Scotland.
THIS COURSE IS RUN BY CIMA MASTERCOURSES